TaxStats for postcode 2465 FY2013

Postcode 2465 includes Harwood in New South Wales, and is in the federal electorate of Page.

In FY 2013 the ATO recorded 185 individuals in postcode 2465. Of these people, 185 made a taxable income or loss. 120 of the population paid a gross amount of tax. After tax offsets, 100 people actually paid a net amount of tax. There were 85 non-taxable people who paid net tax of $0.

Compare TaxStats of 2465 with NSW

2465 TaxStats FY2013%Ppl#Ppl2465
Avg
2465
Total
Total Individuals100%185
Income
Salary or Wage 73%135$42,166$5,692,477
Gross Interest57%105$1,782$187,062
Unfranked Dividends8%15$213$3,202
Franked Dividends30%55$1,596$87,791
Dividend Franking Credit30%55$684$37,611
Capital Gains5%10$4,132$41,317
Termination Payouts5%10$4,008$40,084
Tips/Directors Fees etc24%45$1,061$47,760
Business Income11%20$-6,778$-135,550
Foreign Income5%10$840$8,397
Government payments14%25$6,289$157,215
Government pensions11%20$10,454$209,090
Total Income or Loss100%185$36,635$6,777,411
Deducations
Charitable Gifts32%60$304$18,222
Cost of Tax Affairs49%90$301$27,064
Work Car expenses22%40$1,964$78,544
Work Travel expenses5%10$4,769$47,692
Self Education expenses5%10$1,734$17,344
Total Deductions78%145$2,250$326,313
Taxation
Taxable Income100%185$34,864$6,449,797
Medicare Levy 51%95$835$79,307
Medicare Surcharge 3%5$927$4,633
Gross Tax 65%120$8,881$1,065,770
Net Tax 54%100$10,400$1,040,019
Average Tax 100%185 $5,622$1,040,019
Gross Tax Rate 65%120 25%$1,065,770
Net Tax Rate 54%100 30%$1,040,019
Average Tax Rate 100%185 16%$1,040,019
%PPL is rounded Percentage of total individuals used in the average (AVG).
#PPL is the number of individuals used to calculate the average (AVG).
*Tax Rates calculated from Taxable Income.
*Treat each stat/line item separately. Columns while related do not total due to different numbers of people used in each calculation.

The average taxable income was $34,864. It is estimated that the average taxable income for people who paid a net amount of tax was $54298.

The average net tax paid was $10,400. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 95 people for an average of $835. 5 people paid $927 on average more for the Medicare surcharge.

135 people earned a salary or wage and took home an average of $42,166 each.

Government allowance and payments were collected by 25 people for on average $6,289. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $304 were made by 60 people.

The costs of tax affairs for 90 people were claimed for $301 each.